HG (Hamilton Insurance Group) Net Income: $629 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HG Hamilton Insurance Group Ltd HG
60 GF Score
Price $35.31
GF Value $27.13
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hamilton Insurance Group Net Income?

Hamilton Insurance Group HG -0.87% 60 Net Income is $629 Mil as of Mar. 2026. GuruFocus rates HG with a GF Score™ of 60/100 and a GF Value™ of $27.13 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Hamilton Insurance Group's Net Income for the three months ended in Mar. 2026 was $134 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $629 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hamilton Insurance Group's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $1.31.


Hamilton Insurance Group  (NYSE:HG) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Hamilton Insurance Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Hamilton Insurance Group Net Income Related Terms


Hamilton Insurance Group Net Income Historical Data

* Premium members only.

The historical data trend for Hamilton Insurance Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hamilton Insurance Group Net Income Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial 188.18 -98.00 258.73 400.43 576.67

Hamilton Insurance Group Quarterly Data
Nov21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.87 187.42 136.20 172.18 133.54
HG
60GF Score
Hamilton Insurance Group Ltd HG
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamilton Insurance Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Hamilton Insurance Group's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=824.905+15.124+0+-263.359
=577

Hamilton Insurance Group's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=219.355+-2.323+0+-83.494
=134

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $629 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $629 Mil mean?
Hamilton Insurance Group (HG) has a Net Income of $629 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hamilton Insurance Group and its competitors.
Is Hamilton Insurance Group's Net Income too high?
Hamilton Insurance Group's current Net Income is $629 Mil. Overall, Hamilton Insurance Group has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamilton Insurance Group's Net Income compare to SPNT and GLRE?
Hamilton Insurance Group's Net Income of $629 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Insurance company?
A good Net Income depends on the Insurance industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hamilton Insurance Group and its competitors. Hamilton Insurance Group's current Net Income is $629 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Hamilton Insurance Group (HG) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.13, compared to a current price of $35.31 — trading 30.2% above its estimated fair value. The current Net Income is $629 Mil. Hamilton Insurance Group's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Hamilton Insurance Group (HG), the current Net Income is $629 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hamilton Insurance Group (HG) Overvalued in 2026?

Based on GuruFocus' analysis, Hamilton Insurance Group stock appears to be overvalued. The current stock price of $35.31 is trading 30.2% above its estimated GF Value™ of $27.13. GuruFocus considers Hamilton Insurance Group to be Modestly Overvalued.

Key valuation signals for HG:

  • Net Income: $629 Mil
  • GF Value™: $27.13 vs. price of $35.31 (30.2% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the HG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamilton Insurance Group Business Description

Other Exchanges QN0:Germany
Address 90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Hamilton Insurance Group Ltd is a specialty insurance and reinsurance company. It operates globally, with underwriting operations in London, Dublin, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select, and Hamilton Re) that are categorized into two reporting business segments: International and Bermuda.
60GF Score

Get the complete analysis for HG

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.31
Price
$27.13
GF Value